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Stock impact report

Altisource Announces Second Quarter 2021 Financial Results

Altisource Portfolio Solutions S.A. (ASPS)  More Company Research Source: GlobeNewswire
Last altisource portfolio solutions s.a. earnings: 4/30 06:59 am Check Earnings Report
US:NASDAQ Investor Relations: ir.altisource.com/investor-relations
PDF LUXEMBOURG, July 29, 2021 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the second quarter 2021. “While the last year and half presented a challenging operating environment for Altisource, I am very excited about the future for our Origination and Default businesses.  We believe we are positioning Altisource as a more diversified company and anticipate a return to growth in 2022. Our Origination business continued its year-over-year growth with second quarter revenue of $14.5 million, representing 16% growth compared to the second quarter of 2020, outpacing the estimated 13% growth in the overall origination market during the same period. The default market and our Default business have been severely impacted by the pandemic. However, we recently gained additional clarity on the timing of the recovery of the d [Read more]
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